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MAY B UNIT AC

Operated by MARATHON OIL EF LLC (P-5 525398) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280084District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Nov 2015 – May 2026
Value, last 12 filed months
$135 k
at the published price for each month
Months reported
127
no gaps in the span
Streams
2
condensate, gas

The SUGARKANE (AUSTIN CHALK) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-01-12.

The Commission's schedule remark for this field reads: “ INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas222017-02-21 – 2017-06-272 dockets
NGPA2none——

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition101,116 bbl$4,776,254
GasProduction770,156 Mcf$2,222,446
Total$6,998,700

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.7949, -97.9691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.79489, -97.96913 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,186 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,186 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-255346624H12,186 ftNov 2015——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (127)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

127 months

May 2026988106.413.05$10,453
Apr 202684898.932.87$8,333
Mar 20261191189.753.15$10,715
Feb 20269056663.503.75$7,838
Jan 202614165859.138.00$13,600
Dec 202512877656.664.41$10,677
Nov 202511571458.593.93$9,541
Oct 202512680959.383.30$10,156
Sep 202514764562.743.08$11,207
Aug 202522289963.933.01$16,903
Jul 202526334766.743.32$18,703
Jun 20251015866.483.13$6,896
May 20259573260.553.23$8,118
Apr 20256148862.363.54$5,533
Mar 20257064867.704.27$7,505
Feb 202512673070.884.34$12,100
Jan 202517935474.324.28$14,818
Dec 20241942468.993.12$13,459
Nov 202415111469.052.20$10,677
Oct 20241371971.372.28$9,821
Sep 20241942869.612.36$13,571
Aug 20242774075.632.06$21,032
Jul 202413179.932.15$1,041
Jun 20241902578.082.63$14,901
May 202413316178.812.20$10,836
Apr 20247723384.451.66$6,889
Mar 20242002480.301.55$16,097
Feb 202425282476.091.78$20,644
Jan 202416047873.023.30$13,259
Dec 202321874471.262.61$17,477
Nov 20234551,16977.892.81$38,722
Oct 202341772485.443.09$37,864
Sep 202317649089.042.74$17,011
Aug 202327355080.522.67$23,452
Jul 20239630974.852.64$8,002
Jun 202319452868.962.26$14,571
May 202331780270.622.23$24,173
Apr 202322564378.122.24$19,016
Mar 202329886872.852.39$23,787
Feb 202318682275.112.47$15,997
Jan 20232431,11076.533.39$22,357
Dec 20222251,16376.415.73$23,855
Nov 20222561,69685.005.65$31,336
Oct 20222481,37487.185.86$29,677
Sep 20223751,73484.888.16$45,986
Aug 20222841,66494.529.13$42,031
Jul 20222401,884101.587.54$38,588
Jun 20223152,089115.097.98$52,918
May 20222752,075109.378.43$47,575
Apr 20222531,915104.226.84$39,462
Mar 20222601,763108.885.08$37,258
Feb 20222241,70791.054.86$28,689
Jan 20222561,99081.844.54$29,981
Dec 20212891,77671.323.90$27,536
Nov 20213431,74177.435.24$35,676
Oct 20212561,96779.795.71$31,665
Sep 20212363,64569.865.35$35,991
Aug 20212514,32066.024.22$34,804
Jul 20212804,68670.783.98$38,478
Jun 20213055,07669.493.38$38,354
May 20212095,18963.483.02$28,926
Apr 20212114,53460.362.76$25,243
Mar 20212333,30161.302.72$23,252
Feb 20211412,01057.805.55$19,301
Jan 20212183,11650.412.81$19,746
Dec 20202613,02544.642.68$19,744
Nov 20202513,17838.772.71$18,333
Oct 20202531,48436.972.48$13,031
Sep 202034298337.091.99$14,642
Aug 20205441,24639.982.39$24,721
Jul 20202,0051,41838.371.83$79,520
Jun 20207411,53334.901.69$28,452
May 20205321,68316.921.81$12,056
Apr 20204821,61714.751.80$10,027
Mar 20204701,88230.341.86$17,753
Feb 202035044749.881.98$18,343
Jan 20203901,01457.252.09$24,452
Dec 201946365059.012.30$28,819
Nov 201934191655.302.75$21,377
Oct 20193677,19853.472.42$37,032
Sep 201944711,38555.052.66$54,860
Aug 201940912,92253.112.30$51,499
Jul 20195245,55656.272.46$43,154
Jun 20195794,10352.782.49$40,781
May 20198054,50058.482.74$59,408
Apr 20191721,00662.632.75$13,540
Mar 201954923,92256.803.06$104,435
Feb 20196064,76550.852.79$44,120
Jan 201986816,35546.033.23$92,751
Dec 20181,27617,78746.594.19$133,895
Nov 20181,13915,35052.934.24$125,329
Oct 20181,23824,60561.443.40$159,672
Sep 20181,1597,87759.543.11$93,489
Aug 20181,3527,34559.403.07$102,833
Jul 20182,04811,82465.142.93$168,073
Jun 20188233,02360.183.08$58,830
May 20187825,66565.382.90$67,560
Apr 20187184,30963.842.90$58,337
Mar 20188575,88261.222.79$68,858
Feb 20183432,28961.782.77$27,522
Jan 20189568,05762.874.01$92,407
Dec 20179967,23757.272.92$78,184
Nov 20171,0396,32155.423.12$77,293
Oct 20171,0817,21749.292.98$74,816
Sep 20179387,52347.523.09$67,799
Aug 20171791,44445.373.00$12,460
Jul 201797410,39843.873.09$74,831
Jun 20171,2806,11542.493.09$73,266
May 20171,77610,22345.373.26$113,939
Apr 20171,67611,08847.933.21$115,941
Mar 20171,41910,62746.772.98$98,074
Feb 20171,62210,91450.452.95$114,055
Jan 20171,52012,98049.413.42$119,479
Dec 20161,63114,52548.763.72$133,602
Nov 20161,50912,50742.492.64$97,190
Oct 20161,64713,41046.193.09$117,515
Sep 20161,76114,56441.553.10$118,327
Aug 20161,97816,37041.442.92$129,840
Jul 20162,15218,53941.622.92$143,781
Jun 20162,34419,57145.352.69$158,865
May 20162,78622,26942.521.99$162,799
Apr 20163,16324,57636.561.99$164,571
Mar 20163,25633,29733.011.79$167,216
Feb 20163,59534,74026.472.06$166,850
Jan 20167,39942,40927.352.36$302,633
Dec 201511,05073,67132.362.00$505,024
Nov 20153,47919,22438.792.17$176,615

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate            98 bbl  × $106.41 =    $10,428
Gas                    8 Mcf  × $  3.05 =        $24

────────────────────────────────────────────────────
Month total                                  $10,453

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/G/280084 is the state's own key, not one this site invented.